Debt Market

Maryland lawmakers are protesting a plan by the Obama administration to eliminate 450 federal jobs in Prince George's County, but it is unclear whether they will be able to reverse it. The move to consolidate the Financial Management Services facility in...

Cambria County Commissioner Mark Wissinger said the county is committed to paying its half of the Cambria Somerset Authority's annual $650,000 debt service obligations. Cambria County commissioners have made a partial payment of $135,000 so far this year....

PAINT TOWNSHIP — Angry residents demanded answers from Paint Township supervisors Wednesday night, but few people left the special meeting satisfied. Unless immediate measures are taken, it appears the Paint Township Police Department will cease...

Paint Township supervisors won't get the $90,000 advance it requested from Windber Borough. But council members approved a measure Thursday that should allow police to continue patrolling the streets of Windber.   Borough council voted to release...

Energy rates are going to go up … eventually. However, for the next five months the power rates locally are set to stay stable before part of the rate goes up and the rest fluctuates monthly. This would be the first base rate adjustment seen...

The following was sent to Harford County Executive David R. Craig. A copy was provided for publication. In reference to all the information provided about the Economic Development Policy, I submit the following from my committee, The Citizens of...

A decision Wednesday from a Sacramento County Superior Court that will prevent cities from obtaining money with which to pay down redevelopment debt has left local officials disappointed and frustrated. Glendale had joined with Pasadena, Huntington Beach...

The Boonsboro Town Council passed a sewer rate increase Monday night, but customers actually will see a $9 reduction in utility bills under a budget plan approved by council members. The town had a $1.4 million loan for two water filtration plants, and...

New leadership in Cambria County could bring changes to the Cambria Somerset Authority and its holdings. According to Commissioner Mark Wissinger — the county’s representative to the board — it may be time for a re-evaluation. “...

WASHINGTON (AP) — A $125 billion plan to rescue Spain's banks won't solve Europe's debt crisis or ease the pain of double-digit unemployment across the continent. But it is likely to calm financial markets and buy time for European policymakers...

After maneuvering through a tangled bureaucratic mess, Burbank and Glendale have received millions to pay down redevelopment-related debt obligations, although the amounts they received fell short of what city officials say is their fair share. In the...

The last time the national average price for regular unleaded gasoline fell below $3 a gallon was Christmas 2010, but it could hit that mark long before you hang this year's mistletoe. Citing falling tensions in the Middle East, fewer......